SiliconInvestor
     Advanced Search   [ sign in ]

register
Sponsor		  register
Register

 Technology Stocks : Softbank Investment International (HK0648)

 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  
To: Yamakita who wrote (277)3/15/2000 8:33:00 PM
From: MangoBoyRead Replies (2) of 615
 
If I understand correctly, under Hong Kong code an entity that acquires a majority stake in a public company -- via private placement, share purchase on open market, etc. -- is obliged to make a mandatory offer to all other non-company shareholders to acquire their shares. A Whitewash Waiver (commonly granted I assume except in rare case of hostile takeover) excuses the new majority owner from that obligation.

hksfc.org 
Report TOU ViolationShare This Post
 Public Reply | Prvt Reply | Mark as Last Read | FilePrevious 10 | Next 10 | Previous | Next  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQ
Copyright © 1995-2013 Knight Sac Media. All rights reserved.